The news is by your side.

Pakistan, IMF hold review talks in Dubai

The current phase of talks with IMF would mostly focus to finalize Pakistan’s federal and provincial budgets for the fiscal year 2016-17.

Finance Secretary Waqar Masood Khan is leading the delegation, in Dubai for five-day technical level talks with the IMF mission.

Finance Minister Ishaq Dar, who is currently attending the Asian Development Bank’s annual meeting in Frankfurt, will join the policy-level dialogue with the Fund next weekend to address the outstanding issues.

The government government would discuss its budget strategy paper for 2016-17 with the fund.

The government mostly at ease with most of the benchmarks and performance indicators, except for the setback to the privatisation agenda that has been a major concern for the IMF.

The govt also needs to collect Rs 760bn revenue in the final two months of the fiscal year 2015-16 to achieve the revenue collection target.



You might also like